IRS has a tax provision which provides ‘protection’ to criminals.As long as a criminal is paying tax on stolen property,drug money IRS wouldn’t share the identity of the criminal with any other law enforcement agency ! Then why go ballistic against Crypto?
If you steal property, you must report its fair market value in your income in the year you steal it unless you return it to its rightful owner in the same year,"' read the provision for stolen property What if you're dealing drugs or caught up in other crimes? In that case, the IRS publication…
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